405 N Wabash Ave Unit 1505 Chicago, IL 60611
River North NeighborhoodEstimated payment $1,933/month
Highlights
- Doorman
- 4-minute walk to Grand Avenue Station (Red Line)
- Business Center
- Fitness Center
- Community Indoor Pool
- Sundeck
About This Home
Enjoy city living in this nicely renovated Jr 1-bedroom unit. This west-facing condo has been designed to maximize space and comfort. Step inside to find wood floors and large windows that fill the space with natural light. The enclosed sleeping area offers a nice separation from the rest of the unit, while a spacious walk-in closet and an additional alcove provide plenty of room for storage or a cozy home office nook. The updated kitchen provides a nice cooking experience, featuring quartz countertops, a stylish tile backsplash, and shaker-style cabinets with modern metal handles. The stainless steel appliances and abundant counter and storage space make meal prep a joy. The updated bathroom boasts a nice vanity with ample storage for your essentials. This unit is located in the River Plaza building, a full-amenity hub that caters to your every need. Enjoy peace of mind with 24-hour door staff, on-site management, and maintenance. Stay active in the 24 hour fitness tub, indoor pool & hot tub, or soak up the sun on the sun deck. The building also offers a convenient receiving room, a hospitality room, and on-site laundry with a user-friendly app feature. The building has an owner occupancy of 65% and the building reserves are at 1.2 million. The building does not have any rental caps or rental restrictions. The building does need a 1 year lease min. Currently the unit has a tenant and the lease agreement must be honored. The lease will end on April 30, 2026 and rent is $1895. Step outside of this nice building and you'll find yourself in the heart of the action. Enjoy an effortless lifestyle where everything you need is just a short walk away. Stroll along the scenic Chicago River, explore the world-famous Magnificent Mile, and discover endless options for great dining and shopping. With easy access to public transportation, the entire city is at your fingertips. Don't miss the chance to own this fantastic unit.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,957
Year Built
- Built in 1977 | Remodeled in 2021
HOA Fees
- $441 Monthly HOA Fees
Home Design
- Entry on the 15th floor
- Studio
- Concrete Block And Stucco Construction
Interior Spaces
- 545 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 678 Units
- Jaime Sartin Association, Phone Number (312) 644-3300
- High-Rise Condominium
- River Plaza Subdivision
- Property managed by Community Specialist
- 51-Story Property
Amenities
- Doorman
- Sundeck
- Restaurant
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Package Room
Recreation
- Fitness Center
- Community Indoor Pool
- Bike Trail
Pet Policy
- Limit on the number of pets
- Cats Allowed
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,957 | $14,038 | $829 | $13,209 |
| 2023 | $2,882 | $14,013 | $668 | $13,345 |
| 2022 | $2,882 | $14,013 | $668 | $13,345 |
| 2021 | $2,818 | $14,013 | $668 | $13,345 |
| 2020 | $2,745 | $12,322 | $515 | $11,807 |
| 2019 | $2,688 | $13,378 | $515 | $12,863 |
| 2018 | $2,643 | $13,378 | $515 | $12,863 |
| 2017 | $2,619 | $12,164 | $439 | $11,725 |
| 2016 | $2,436 | $12,164 | $439 | $11,725 |
| 2015 | $2,229 | $12,164 | $439 | $11,725 |
| 2014 | $1,917 | $10,330 | $343 | $9,987 |
| 2013 | $1,879 | $10,330 | $343 | $9,987 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2025 09/28/25 | For Sale | $235,000 | 0.0% | $431 / Sq Ft |
| 04/13/2022 04/13/22 | Rented | $1,650 | 0.0% | -- |
| 04/13/2022 04/13/22 | For Rent | $1,650 | +24.5% | -- |
| 03/15/2021 03/15/21 | Rented | $1,325 | -1.9% | -- |
| 03/08/2021 03/08/21 | Under Contract | -- | -- | -- |
| 03/03/2021 03/03/21 | Price Changed | $1,350 | -3.2% | $2 / Sq Ft |
| 02/20/2021 02/20/21 | Price Changed | $1,395 | -2.1% | $3 / Sq Ft |
| 01/13/2021 01/13/21 | For Rent | $1,425 | -8.1% | -- |
| 12/14/2016 12/14/16 | For Rent | $1,550 | +3.3% | -- |
| 12/14/2016 12/14/16 | Rented | $1,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Pntn | |
| Warranty Deed | $140,000 | Pntn | |
| Joint Tenancy Deed | $54,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $85,000 | Unknown | |
| Closed | $85,000 | Unknown | |
| Previous Owner | $43,300 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12482721
APN: 17-10-132-037-1212
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